Question 1

How is the concept of core competency relevant to ABC Computers,a local computer store that repairs and builds custom computers? Give examples.

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Question 2

Research has shown that the more successfully a firm can align its IT with its business goals,the more profitable it will be.What practical steps should a firm use in aligning IT with its goals?

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Question 3

Mintzberg's classification identifies five forces in an industry's environment that affect the strategic position of a firm.

Accepted Answer

Mintzberg's classification does not identify five forces in an industry's environment; it is Michael Porter's Five Forces model that does this. Mintzberg is known for identifying ten schools of thought on strategy formation.

Question 4

Smart products generally lower switching costs.

Accepted Answer

Smart products often increase switching costs due to their integration with specific ecosystems, requiring users to invest in compatible devices and services.

Question 5

You are consulting for a natural food products distributor who is interested in determining the benefits it could achieve from implementing new information systems.What will you advise as the first step?

Accepted Answer

Performing a strategic systems analysis is the first step in understanding the current capabilities and limitations of existing systems, identifying the needs, and determining how new information systems can provide benefits. This analysis helps in making informed decisions about technology investments.

Question 6

Sociotechnical changes affecting a firm adopting new information systems requiring organizational change can be considered:

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Question 7

Why are disruptive technologies "tricky"? Provide examples.

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Question 8

The law of diminishing returns only applies to digital products.

Accepted Answer

The law of diminishing returns can apply to any product or service, whether digital or physical. It refers to the point at which adding more resources or effort produces a smaller increase in output, and can occur in various industries and contexts.

Question 9

The use of Internet technologies allows companies to more easily sustain competitive advantage.

Accepted Answer

While Internet technologies provide tools for companies to compete, they are widely accessible, making it difficult for any single company to sustain a competitive advantage solely through their use. Competitive advantage often requires unique strategies, innovations, or efficiencies beyond just the adoption of Internet technologies.

Question 10

Select a popular product or company that you are familiar with,such as Apple's iPad.Apply Porter's competitive forces model to that product and/or company.Which of the four generic strategies is the company using?

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Question 11

Research has shown that a majority of firms are able to align their information technology with their business goals.

Accepted Answer

Many firms struggle with aligning their information technology (IT) with their business goals, often due to rapidly changing technology landscapes, evolving business models, and the complexity of integrating new IT systems with existing processes.

Question 12

Value chain analysis is useful at the business level to highlight specific activities in the business where information systems are most likely to have a strategic impact.Discuss this model,identify the activities,and describe how the model can be applied to the concept of information technology.

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Question 13

The text describes Michael Porter's view of the Internet as somewhat negative.What negative influences does Porter see? Describe several positive influences the Internet has on business.Do these outweigh the negative influences?

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Question 14

You are consulting with the owner of Better Fitness,a national chain of gyms.What strategies might Better Fitness use in applying information services to achieve a competitive advantage?

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Question 15

What are the major factors to consider when performing a strategic systems analysis?

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Question 16

Define and describe a business ecosystem.Give an example of a business ecosystem.

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Question 17

The inventors of a disruptive technology typically benefit the most from the technology; it is rare that fast followers catch up quickly.

Accepted Answer

Fast followers often capitalize on the initial inventors' shortcomings by improving the technology, reducing costs, or executing better marketing strategies, allowing them to catch up or even surpass the original inventors in market share and profitability.

Question 18

How is Internet technology useful from a network economics perspective? Give examples.

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Question 19

You are advising the owner of ABC Computers,a small local computer shop that repairs and also builds custom computers to order.What competitive strategies could ABC Computers employ? Which ones may it have difficulty executing?

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Question 20

Why has the Internet made competitive rivalry more intense?

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Quiz 3: Information Systems,organizations,and Strategy